Herc Holdings (NYSE: HRI) SVP granted stock units and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herc Holdings SVP & Chief Legal Officer Samuel Wade Sheek reported equity compensation and tax withholdings in company stock. On February 3, 2026, he received 4,220 restricted stock units, which vest in three equal installments each February 3 of 2027, 2028 and 2029.
He also earned 2,069 performance stock units under the 2018 Omnibus Plan, tied to performance periods ending in February 2027 and February 2028. In addition, 1,834 shares were issued upon certification of a completed three‑year performance period, and 924 shares were withheld at $154.03 per share to cover taxes. After these transactions, he directly owned 30,723 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sheek Samuel Wade
Role
SVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,220 | $0.00 | -- |
| Grant/Award | Common Stock | 2,069 | $0.00 | -- |
| Grant/Award | Common Stock | 1,834 | $0.00 | -- |
| Tax Withholding | Common Stock | 705 | $154.03 | $109K |
| Tax Withholding | Common Stock | 219 | $154.03 | $34K |
Holdings After Transaction:
Common Stock — 27,744 shares (Direct)
Footnotes (1)
- Award of restricted stock units ("RSUs"), each of which represents the right to receive one share of the Issuer's common stock on the applicable vesting date (one-third of the RSUs will vest on February 3 of each of 2027, 2028 and 2029), subject to the terms and conditions of the applicable RSU agreement. Represents performance stock units ("PSUs") earned, but not vested, pursuant to outstanding performance stock unit awards granted under the 2018 Herc Holdings Omnibus Plan. The number of PSUs earned was determined based on the achievement of the performance metrics established by the Compensation Committee for the applicable annual measurement period. The earned PSUs will vest and convert into shares of common stock at the end of the applicable 3-year performance period, which is February 2027 for 1,207 shares and February 2028 for 862 shares. Shares issued related to performance stock units for which the three-year performance period has ended and performance has been certified. Shares withheld for taxes upon vesting of performance stock units, for which performance was previously certified. Shares withheld for taxes upon vesting of previously granted restricted stock units.
FAQ
What insider transactions did HRI SVP Samuel Wade Sheek report on February 3, 2026?
He reported equity compensation and tax withholdings in Herc Holdings stock. This included new restricted stock units, earned performance stock units, shares issued after a completed performance period, and shares withheld to satisfy tax obligations tied to vesting.
How many restricted stock units did HRI grant to Samuel Wade Sheek?
He received 4,220 restricted stock units, each representing one share of common stock. One-third of these units vest on February 3 of 2027, 2028 and 2029, subject to the terms of the applicable restricted stock unit agreement.
What performance stock units (PSUs) were earned by the HRI SVP in this Form 4?
He earned 2,069 performance stock units under the 2018 Herc Holdings Omnibus Plan. These relate to performance metrics set by the Compensation Committee and will convert into shares after three-year performance periods ending in February 2027 and February 2028.